China has constructed an entirely new city designed to accommodate 5 million residents, yet the streets remain largely ...
Indian Prime Minister Narendra Modi basked in the most lavish honors that the US can bestow on a visiting leader. But for much of his state visit, the specter of an uninvited guest hovered over ...
It’s the knock every resident here dreads. Early Tuesday morning, a sudden loud banging at the door of my apartment in the southern Chinese city of Guangzhou. Instantly, fear washed over me; health ...
China’s long economic boom famously left it dotted with an overbuilt landscape of empty apartment towers and decrepit shopping malls. Tracking these “ghost cities” has become a fixation of economists ...
Ghost towns tend to start as boomtowns, and contemporary China more than likely has more boomtowns than any other country in history. No economy has ever risen so rapidly and no place has ever built ...
Overbuilding, and a streak of bad luck, have left China’s real-estate developers in the red. Photo: Adam Adada How closely is demand for $3,000 handbags tied to home prices in China? Quite closely, it ...
China seems to have taken a symptom of their real-estate bubble with them in their continued investment in Africa. Over the last three years, state-owned China ...
Two seemingly contradictory realities co-exist in China: on one hand, Chinese cities are overpopulated, while on the other hand, there are also empty cities and tall skyscrapers almost entirely ...